Share Market News August 6: Bharti Airtel, Tata Chemicals, Ipca Labs, LT Foods, other stocks to track on Tuesday

Share Market News August 6: At around 8:24am, GIFT Nifty futures traded higher by 0.84 per cent or 202.05 points at 24,305, indicating a positive opening on the D-Street. Domestic equity benchmarks Nifty50 and Sensex slumped 2.7 per cent mirroring a global sell-off on Monday, as weaker-than-expected macroeconomic data from the world's largest economy dented investor sentiment. Meanwhile as the crisis in the South Asian nation of Bangaldesh mounts after the resignation of Prime Minister Sheikh Hasina and advisory has been issued to close all the activities until Wednesday, Indian companies operational in Bangladesh will be impacted including LIC.

Here are a bunch of stocks set to be in focus on Tuesday, including Bharti Airtel, Tata Chemicals and LT Foods. 

Bharti Airtel

Bharti Airtel staged a mixed financial performance for the first three months of the current financial year, with a 100.8 per cent jump in its net profit to Rs 4,160 crore and 2.4 per cent growth in revenue to Rs 38,506 crore for the April-June period compared with the previous quarter.

Zee Business analysts had pegged the telecom service provider's June-quarter net profit at Rs 3,800 crore and revenue at Rs 38,600 crore. 

Tata Chemicals 

Tata group chemicals manufacturer Tata Chemicals staged a weaker-than-expected performance for the June quarter, with a 74 per cent fall in its net profit and 10.2 per cent contraction in revenue compared with the year-ago period. 

Corporate Results | Tata Power, Vedanta, Lupin, VIP Industries, Indigo Paints, Bosch, Bata India among around 130 companies due to report quarterly numbers 

Corporate Action | Grasim, Ipca Labs, LT Foods stocks to trade ex-dividend

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